Bucharest-based Underline Ventures, the first solo general partner venture fund in Eastern Europe, announced recently that it has finalized the closing of its first fund at USD 20 million. The fund wants to invest in 20+ early-stage Eastern European startups, offering an average investment ticket of USD 500,000.
Romanian investor Bogdan Iordache, best known as the founder of the How to Web conference,
Hundreds of police officers from several counties in Romania protested on January 14 against the reduction of their incomes as an effect of the fiscal corrective package endorsed by the government at the end of 2024. Under the corrective package, some bonuses have been reduced or eliminated, while overtime will be compensated with...
The Romanian far-right opposition party Alliance for the Union of Romanians (AUR) filed a request to summon the lawmakers on January 20-24 to begin the procedures for suspending president Klaus Iohannis from office, Digi24 reported. AUR...
The leader of Romania's nationalist party Alliance for the Union of Romanians (AUR), George Simion, was elected, on January 14, vice-president of the European Conservatives and Reformists Party (ECR Party), one of the most influential parties on the current European political scene, during a congress organized by the ECR Party in Brussels. "George Simion has […]
The price of natural gas continued to rise on January 14 at Bucharest commodity exchange BRM due to the cooling weather and uncertainties regarding the long-term functionality of the only gas pipeline that still transports Russian gas to Europe, TurkStream. The price exceeded the threshold of RON 300 (EUR 60) per MWh for the first […]
Romania is looking to alternative parts of the bond markets to keep its borrowing costs as competitive as possible, the head of Treasury Stefan Nanu said in Vienna on January 24, as quoted by Reuters and Daily Mail. Romania plans to tap the foreign markets with an FX bond as soon as...
Former presidential candidate Călin Georgescu stated during an interview that he was invited to the inauguration ceremony of the US president-elect Donald Trump but declined the invitation, Hotnews.ro reported. Georgescu told Realitatea Plus host Anca Alexandrescu, whose show he frequents, that he has no reason to go, despite the fact that the right-wing, sovereignist...
